Amdocs Ltd reports results for the quarter ended in January - Earnings Summary

Amdocs

08/08/2024 02:17

* Amdocs Ltd  DOX.OQ  reported quarterly adjusted earnings
of
$1.62​​ per share for the quarter ended in January, higher than
the same quarter last year, when the company reported EPS of
$1.57.  The mean expectation of six analysts for the quarter was
for earnings of $1.60 per share. Wall Street expected results to
range from $1.59  to $1.62 per share.
    * Revenue rose 1.1% to $1.25 billion from a year ago;
analysts
expected $1.25 billion. 
    * Amdocs Ltd's reported EPS for the quarter was $1.21​.
    * The company reported quarterly net income of $140.29
million.
    * Amdocs Ltd shares had risen by 4.4% this quarter and
lost 6.3%
so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the it services &
consulting peer group is also "buy"

Wall Street's median 12-month price target for Amdocs Ltd is
$100.00 
This summary was machine generated from LSEG data August 8 at
01:17 a.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2024      1.60           1.62           Beat
 Mar. 31 2024      1.56           1.56           Met
 Dec. 31 2023      1.56           1.56           Met
 Sep. 30 2023      1.42           1.42           Met